Blackstone to Invest $800 Million in First Asian Oil Venture


Hah, ke sini larinya pemimpin2 Talisman. Boleh join? And I thought it was ‘Thamrin’.

Dateline 2014-07-31, Bloomberg:

Blackstone Energy Partners, part of the world’s biggest manager of alternatives to stocks and bonds, will invest as much as $800 million in an Asian energy company led by former industry executives.

Tamarind Energy will seek to help partners boost production and yield of oil and gas fields in Malaysia and Indonesia, Angelo Acconcia, a New York-based managing director of Blackstone Energy Partners, said today in an interview. The Kuala Lumpur-based company is led by former executives from Talisman Energy Inc.

“Our focus is on the appraisal development of assets where they have already been discovered, and where we can be a value-added partner to companies that we work with,” Acconcia said.

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